{ "ticker": { "uuid": "c24351fd-75eb-4777-ba52-7f8f77305fce", "symbol": "CHV", "name": "Chevron Corporation", "exchange": "GER", "country": "DE", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^GDAXI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 95.703, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 45.641, "architecture_energy": 41.256, "architecture_maturity": 5.988, "architecture_confidence": 55.576, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 37.43, "rotation_up": 67.8, "upward_expansion": 68.81, "deceleration": 55.51, "rotation_down": 8.96, "downward_expansion": 12.15 }, "activity_lines": [ 165.142665, 160.688726, 159.443109, 159.797329 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.333333 }, "latest_close": 161.899994, "trend_reference": 158.111767, "distance_from_trend": 0.023959, "trend_direction": "Improving", "fair_value": 133.92707, "distance_from_fair_value": 0.208867, "fair_value_direction": "Improving", "relative_strength": 2.749099, "relative_strength_direction": "Weakening", "price_momentum": 0.082144, "excess_performance": 0.017504, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.023959, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.069796, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.208867, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.043924, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.027491, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.081235, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.082144, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.545859, "read": "Demand-led" } ], "volume": { "latest": 15413, "relative_activity": 0.690216, "balance": 1.545859, "dry_up": 0.703908, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.050376, "annualized_volatility": 0.318641, "from_high_reference": -0.12597, "from_low_reference": 0.325856 }, "levels": { "trend_reference": 158.111767, "fair_value_reference": 133.92707, "structural_low": 146.5, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 29, "median_return": 0.009566, "positive_rate": 0.586207, "directional_follow_through": 0.586207, "median_excess_return": 0.012732, "regime_survival": 0.655172, "best_return": 0.231365, "worst_return": -0.188699, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": -0.011268, "positive_rate": 0.461538, "directional_follow_through": 0.461538, "median_excess_return": -0.042193, "regime_survival": 0.384615, "best_return": 0.4325, "worst_return": -0.133914, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.005299, "positive_rate": 0.428571, "directional_follow_through": 0.428571, "median_excess_return": -0.13003, "regime_survival": 0.285714, "best_return": 0.377819, "worst_return": -0.124715, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.044441, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.243973, "regime_survival": 0.0, "best_return": 0.687062, "worst_return": -0.134382, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-04", "end": "2025-04-04", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-11", "end": "2025-04-25", "tenure": "New", "return": 0.040939, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-02", "end": "2025-07-18", "tenure": "Developing", "return": 0.085268, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-25", "end": "2025-08-15", "tenure": "New", "return": 0.015007, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-22", "end": "2025-09-19", "tenure": "Developing", "return": -0.014256, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-26", "end": "2025-10-10", "tenure": "New", "return": -0.060111, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-17", "end": "2025-10-31", "tenure": "New", "return": 0.034734, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-07", "end": "2025-11-28", "tenure": "New", "return": -0.012717, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-05", "end": "2026-01-16", "tenure": "Developing", "return": 0.105805, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-23", "end": "2026-04-24", "tenure": "Established", "return": 0.121149, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-05-01", "end": "2026-07-03", "tenure": "Developing", "return": -0.095496, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-07-10", "end": "2026-07-17", "tenure": "New", "return": 0.068952, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-24", "end": "2026-07-31", "tenure": "New", "return": -0.01134, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 129.793839, "volume": 7245, "typical_volume": 6120.2, "trend": 128.338908, "fair_value": 99.667688, "relative_strength": -8.583219, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.94378, "energy": 23.127884, "activity_lines": [ 128.578632, 126.319843, 125.979929, 126.705555 ] }, { "date": "2023-08-25", "close": 129.266953, "volume": 7270, "typical_volume": 6165.05, "trend": 127.939932, "fair_value": 100.146241, "relative_strength": -8.832847, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.681911, "energy": 24.907988, "activity_lines": [ 129.186011, 127.065885, 126.217614, 126.765429 ] }, { "date": "2023-09-01", "close": 133.130905, "volume": 5849, "typical_volume": 6314.2, "trend": 127.925308, "fair_value": 100.663863, "relative_strength": -6.98264, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.133033, "energy": 46.494245, "activity_lines": [ 130.697938, 128.455722, 126.835123, 127.10033 ] }, { "date": "2023-09-08", "close": 138.048645, "volume": 6608, "typical_volume": 6382.65, "trend": 127.961028, "fair_value": 101.228913, "relative_strength": -2.643678, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 55.486423, "energy": 65.486444, "activity_lines": [ 133.334406, 130.507024, 127.925066, 127.753449 ] }, { "date": "2023-09-15", "close": 137.873016, "volume": 6224, "typical_volume": 6452.2, "trend": 128.182293, "fair_value": 101.790794, "relative_strength": -3.336873, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 76.783412, "energy": 76.880841, "activity_lines": [ 135.285341, 132.298501, 128.973944, 128.392932 ] }, { "date": "2023-09-22", "close": 137.697403, "volume": 3554, "typical_volume": 6357.95, "trend": 128.389104, "fair_value": 102.372852, "relative_strength": -1.051034, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.988466, "energy": 79.460142, "activity_lines": [ 136.643585, 133.789416, 129.973178, 129.00681 ] }, { "date": "2023-09-29", "close": 140.156296, "volume": 5326, "typical_volume": 6337.15, "trend": 128.632013, "fair_value": 102.975924, "relative_strength": 2.106292, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.395806, "energy": 83.15527, "activity_lines": [ 138.294556, 135.39527, 131.145515, 129.765984 ] }, { "date": "2023-10-06", "close": 133.833435, "volume": 9772, "typical_volume": 6458.1, "trend": 128.712893, "fair_value": 103.526404, "relative_strength": -0.913968, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.47929, "energy": 62.300468, "activity_lines": [ 137.11195, 135.548951, 131.64084, 130.101559 ] }, { "date": "2023-10-13", "close": 136.64357, "volume": 8293, "typical_volume": 6413.95, "trend": 129.157481, "fair_value": 104.095287, "relative_strength": 1.956631, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.029449, "energy": 45.896565, "activity_lines": [ 136.81922, 136.060418, 132.359217, 130.613216 ] }, { "date": "2023-10-20", "close": 139.014679, "volume": 5825, "typical_volume": 6436.4, "trend": 129.669066, "fair_value": 104.686421, "relative_strength": 6.9618, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.79479, "energy": 46.78202, "activity_lines": [ 137.410532, 136.857546, 133.248763, 131.249164 ] }, { "date": "2023-10-27", "close": 121.539024, "volume": 17713, "typical_volume": 7122.1, "trend": 129.420972, "fair_value": 105.178226, "relative_strength": -5.123434, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 6.044915, "energy": 13.664301, "activity_lines": [ 132.100514, 134.310846, 132.412986, 130.724645 ] }, { "date": "2023-11-03", "close": 119.958313, "volume": 16883, "typical_volume": 7793.2, "trend": 129.02788, "fair_value": 105.651533, "relative_strength": -8.727026, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.979351, "energy": 30.243241, "activity_lines": [ 127.340818, 131.626831, 131.462154, 130.114151 ] }, { "date": "2023-11-10", "close": 116.79689, "volume": 13806, "typical_volume": 8224.85, "trend": 128.454875, "fair_value": 106.062552, "relative_strength": -10.800361, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -43.257114, "energy": 48.772195, "activity_lines": [ 122.873847, 128.53726, 130.239175, 129.325055 ] }, { "date": "2023-11-17", "close": 117.115105, "volume": 12483, "typical_volume": 8505.35, "trend": 127.927451, "fair_value": 106.454447, "relative_strength": -13.820189, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.753013, "energy": 65.029231, "activity_lines": [ 119.648717, 125.802529, 129.063346, 128.593457 ] }, { "date": "2023-11-24", "close": 118.003296, "volume": 10143, "typical_volume": 8756.75, "trend": 127.495564, "fair_value": 106.833372, "relative_strength": -13.183022, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.442563, "energy": 68.300846, "activity_lines": [ 118.021548, 123.609897, 128.012105, 127.953189 ] }, { "date": "2023-12-01", "close": 119.548737, "volume": 11385, "typical_volume": 9033.5, "trend": 127.318152, "fair_value": 107.220868, "relative_strength": -13.45102, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.945913, "energy": 68.151039, "activity_lines": [ 118.310285, 122.059522, 127.13231, 127.44049 ] }, { "date": "2023-12-08", "close": 118.820412, "volume": 6798, "typical_volume": 9143.4, "trend": 127.130795, "fair_value": 107.608645, "relative_strength": -15.346904, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -63.285174, "energy": 63.309709, "activity_lines": [ 118.488933, 120.706699, 126.182585, 126.892249 ] }, { "date": "2023-12-15", "close": 121.147438, "volume": 8095, "typical_volume": 9233.15, "trend": 127.019991, "fair_value": 108.031882, "relative_strength": -13.149933, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.890075, "energy": 44.980638, "activity_lines": [ 119.519116, 120.164898, 125.47684, 126.506226 ] }, { "date": "2023-12-22", "close": 122.568512, "volume": 8054, "typical_volume": 9024.05, "trend": 126.933377, "fair_value": 108.466506, "relative_strength": -11.315807, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.668791, "energy": 32.309035, "activity_lines": [ 120.732955, 120.112128, 124.926734, 126.219034 ] }, { "date": "2023-12-29", "close": 120.774406, "volume": 3901, "typical_volume": 8761.35, "trend": 126.752191, "fair_value": 108.899183, "relative_strength": -12.248857, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.924236, "energy": 29.336601, "activity_lines": [ 120.985197, 119.989067, 124.234691, 125.821681 ] }, { "date": "2024-01-05", "close": 122.19548, "volume": 11577, "typical_volume": 8977.95, "trend": 126.525658, "fair_value": 109.312506, "relative_strength": -9.856079, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.655577, "energy": 23.112209, "activity_lines": [ 121.52639, 120.456025, 123.721256, 125.5277 ] }, { "date": "2024-01-12", "close": 118.482895, "volume": 21252, "typical_volume": 9677.05, "trend": 126.273883, "fair_value": 109.689407, "relative_strength": -12.724652, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.16263, "energy": 29.124873, "activity_lines": [ 120.653605, 120.236031, 122.890425, 125.008812 ] }, { "date": "2024-01-19", "close": 115.374275, "volume": 14346, "typical_volume": 10101.9, "trend": 126.108556, "fair_value": 110.057074, "relative_strength": -13.750022, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.386743, "energy": 43.490614, "activity_lines": [ 118.767115, 119.47766, 121.814887, 124.305611 ] }, { "date": "2024-01-26", "close": 120.507942, "volume": 9723, "typical_volume": 10257.65, "trend": 125.941667, "fair_value": 110.477697, "relative_strength": -11.603484, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.517861, "energy": 42.774136, "activity_lines": [ 118.976724, 119.678549, 121.312825, 123.944281 ] }, { "date": "2024-02-02", "close": 125.623848, "volume": 17841, "typical_volume": 10838.5, "trend": 126.025856, "fair_value": 110.916264, "relative_strength": -7.348449, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.257237, "energy": 23.05604, "activity_lines": [ 121.029007, 120.747914, 121.381519, 123.923777 ] }, { "date": "2024-02-09", "close": 124.842232, "volume": 12574, "typical_volume": 11289.5, "trend": 126.20626, "fair_value": 111.341999, "relative_strength": -7.621426, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.702024, "energy": 10.851177, "activity_lines": [ 122.497455, 121.536611, 121.434103, 123.847414 ] }, { "date": "2024-02-16", "close": 129.033997, "volume": 35089, "typical_volume": 12777.65, "trend": 126.390212, "fair_value": 111.772037, "relative_strength": -5.370826, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 11.599342, "energy": 24.157844, "activity_lines": [ 125.186708, 122.991203, 121.947118, 124.029849 ] }, { "date": "2024-02-23", "close": 127.955711, "volume": 23111, "typical_volume": 13444.6, "trend": 126.475059, "fair_value": 112.1785, "relative_strength": -7.49766, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.761525, "energy": 34.86306, "activity_lines": [ 126.813125, 124.064041, 122.410403, 124.130848 ] }, { "date": "2024-03-01", "close": 127.955711, "volume": 8989, "typical_volume": 13479.4, "trend": 126.452122, "fair_value": 112.549673, "relative_strength": -8.854409, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 25.452916, "energy": 45.930813, "activity_lines": [ 127.60078, 125.013092, 122.901677, 124.226374 ] }, { "date": "2024-03-08", "close": 122.564316, "volume": 18898, "typical_volume": 14133.05, "trend": 126.208909, "fair_value": 112.864135, "relative_strength": -12.736997, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -1.746499, "energy": 22.68676, "activity_lines": [ 126.094786, 124.88394, 122.920855, 123.975548 ] }, { "date": "2024-03-15", "close": 127.865852, "volume": 20849, "typical_volume": 14289.85, "trend": 126.144643, "fair_value": 113.240773, "relative_strength": -9.312336, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 23.07425, "energy": 21.731841, "activity_lines": [ 126.559938, 125.686161, 123.523276, 124.082448 ] }, { "date": "2024-03-22", "close": 128.836319, "volume": 24018, "typical_volume": 14646.6, "trend": 126.130289, "fair_value": 113.61457, "relative_strength": -9.712441, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.034617, "energy": 21.010067, "activity_lines": [ 127.147006, 126.561732, 124.187995, 124.256104 ] }, { "date": "2024-03-29", "close": 130.651382, "volume": 5638, "typical_volume": 14238.2, "trend": 126.047638, "fair_value": 114.004785, "relative_strength": -9.595772, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.631329, "energy": 28.658373, "activity_lines": [ 128.352272, 127.57907, 124.983301, 124.547788 ] }, { "date": "2024-04-05", "close": 133.706528, "volume": 9469, "typical_volume": 14087.5, "trend": 125.902901, "fair_value": 114.428428, "relative_strength": -5.612614, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.257465, "energy": 57.792823, "activity_lines": [ 130.39621, 128.874124, 126.0036, 125.04191 ] }, { "date": "2024-04-12", "close": 136.599899, "volume": 10684, "typical_volume": 14114.55, "trend": 125.860463, "fair_value": 114.870669, "relative_strength": -2.046675, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 52.26544, "energy": 70.361142, "activity_lines": [ 133.021216, 130.455271, 127.220451, 125.732039 ] }, { "date": "2024-04-19", "close": 134.245667, "volume": 13227, "typical_volume": 14206.65, "trend": 125.745406, "fair_value": 115.30683, "relative_strength": -2.494248, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 67.880683, "energy": 77.427236, "activity_lines": [ 133.925773, 131.408812, 128.124534, 126.273019 ] }, { "date": "2024-04-26", "close": 137.121078, "volume": 10001, "typical_volume": 14366.8, "trend": 125.644232, "fair_value": 115.750851, "relative_strength": -2.566209, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.802921, "energy": 82.627314, "activity_lines": [ 135.36348, 132.714183, 129.23248, 127.006934 ] }, { "date": "2024-05-03", "close": 131.783615, "volume": 10924, "typical_volume": 14508.25, "trend": 125.575904, "fair_value": 116.144045, "relative_strength": -5.411578, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.380968, "energy": 65.229958, "activity_lines": [ 134.469714, 132.902068, 129.744951, 127.403023 ] }, { "date": "2024-05-10", "close": 138.235291, "volume": 7581, "typical_volume": 14484.6, "trend": 125.628962, "fair_value": 116.576078, "relative_strength": -4.749148, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.849822, "energy": 54.057685, "activity_lines": [ 135.651025, 134.193387, 130.821218, 128.219758 ] }, { "date": "2024-05-17", "close": 135.45195, "volume": 12061, "typical_volume": 14892.6, "trend": 125.510204, "fair_value": 117.005406, "relative_strength": -6.230814, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.15739, "energy": 47.06621, "activity_lines": [ 135.602639, 134.791742, 131.557802, 128.853499 ] }, { "date": "2024-05-24", "close": 132.454025, "volume": 10546, "typical_volume": 14841.05, "trend": 125.874037, "fair_value": 117.419094, "relative_strength": -8.081422, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.746973, "energy": 36.777811, "activity_lines": [ 134.631474, 134.6107, 131.938976, 129.301487 ] }, { "date": "2024-05-31", "close": 132.9991, "volume": 6279, "typical_volume": 14092.4, "trend": 126.30873, "fair_value": 117.819924, "relative_strength": -6.571184, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.149512, "energy": 31.854602, "activity_lines": [ 133.961443, 134.445341, 132.323211, 129.761169 ] }, { "date": "2024-06-07", "close": 131.745407, "volume": 10061, "typical_volume": 13878.15, "trend": 126.807014, "fair_value": 118.205973, "relative_strength": -7.519452, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.075823, "energy": 20.489078, "activity_lines": [ 133.148313, 133.976351, 132.518923, 130.111922 ] }, { "date": "2024-06-14", "close": 129.855789, "volume": 5928, "typical_volume": 13688.4, "trend": 127.231704, "fair_value": 118.585376, "relative_strength": -5.91849, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.21367, "energy": 18.857907, "activity_lines": [ 131.707858, 133.143902, 132.456713, 130.308617 ] }, { "date": "2024-06-21", "close": 133.471481, "volume": 10859, "typical_volume": 13339.3, "trend": 127.74731, "fair_value": 118.981364, "relative_strength": -4.097766, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.478501, "energy": 17.534721, "activity_lines": [ 132.031267, 133.038865, 132.694341, 130.711183 ] }, { "date": "2024-06-28", "close": 133.526001, "volume": 6208, "typical_volume": 13021.0, "trend": 128.213219, "fair_value": 119.381279, "relative_strength": -4.328866, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.674848, "energy": 16.121496, "activity_lines": [ 132.504881, 133.000622, 132.899792, 131.084002 ] }, { "date": "2024-07-05", "close": 129.728607, "volume": 8431, "typical_volume": 11688.1, "trend": 128.576825, "fair_value": 119.765795, "relative_strength": -8.056723, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.19382, "energy": 8.872185, "activity_lines": [ 131.641231, 132.285028, 132.702235, 131.181769 ] }, { "date": "2024-07-12", "close": 129.437897, "volume": 7606, "typical_volume": 10912.85, "trend": 128.853174, "fair_value": 120.162142, "relative_strength": -9.480638, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.838283, "energy": 7.123671, "activity_lines": [ 130.898711, 131.650986, 132.473683, 131.237322 ] }, { "date": "2024-07-19", "close": 134.307266, "volume": 6625, "typical_volume": 10794.65, "trend": 129.244466, "fair_value": 120.594455, "relative_strength": -3.037207, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.393003, "energy": 10.867402, "activity_lines": [ 131.933148, 131.944934, 132.701823, 131.589199 ] }, { "date": "2024-07-26", "close": 131.76358, "volume": 7430, "typical_volume": 10221.25, "trend": 129.610771, "fair_value": 121.002848, "relative_strength": -6.03311, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.087565, "energy": 9.534257, "activity_lines": [ 131.822925, 131.847811, 132.657462, 131.751723 ] }, { "date": "2024-08-02", "close": 122.82428, "volume": 12675, "typical_volume": 9812.55, "trend": 129.631731, "fair_value": 121.346478, "relative_strength": -8.40026, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -32.103303, "energy": 32.432229, "activity_lines": [ 128.846795, 130.192423, 131.717933, 131.313885 ] }, { "date": "2024-08-09", "close": 120.480461, "volume": 20543, "typical_volume": 9638.8, "trend": 129.698317, "fair_value": 121.676258, "relative_strength": -10.141203, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -49.034968, "energy": 55.872886, "activity_lines": [ 125.80284, 128.285972, 130.57919, 130.72348 ] }, { "date": "2024-08-16", "close": 121.189049, "volume": 12984, "typical_volume": 10006.1, "trend": 129.892143, "fair_value": 122.03266, "relative_strength": -12.186381, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.442114, "energy": 65.520487, "activity_lines": [ 123.611624, 126.735967, 129.547722, 130.174495 ] }, { "date": "2024-08-23", "close": 121.382202, "volume": 9862, "typical_volume": 10025.75, "trend": 129.921285, "fair_value": 122.373119, "relative_strength": -13.123706, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -65.734809, "energy": 77.590816, "activity_lines": [ 122.034715, 125.413015, 128.579708, 129.625467 ] }, { "date": "2024-08-30", "close": 121.768471, "volume": 7573, "typical_volume": 9870.2, "trend": 129.792772, "fair_value": 122.726488, "relative_strength": -13.674589, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.451948, "energy": 75.01576, "activity_lines": [ 121.448234, 124.314358, 127.707169, 129.099479 ] }, { "date": "2024-09-06", "close": 115.99276, "volume": 7100, "typical_volume": 9563.85, "trend": 129.49779, "fair_value": 123.047192, "relative_strength": -14.514769, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.442668, "energy": 81.365471, "activity_lines": [ 119.602857, 122.378354, 126.355188, 128.209155 ] }, { "date": "2024-09-13", "close": 117.00444, "volume": 14062, "typical_volume": 9766.9, "trend": 129.096805, "fair_value": 123.369607, "relative_strength": -15.069599, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.181764, "energy": 75.325043, "activity_lines": [ 118.55014, 120.945078, 125.186476, 127.403133 ] }, { "date": "2024-09-20", "close": 119.193314, "volume": 5409, "typical_volume": 9491.15, "trend": 128.804725, "fair_value": 123.689183, "relative_strength": -13.012023, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.965439, "energy": 60.047409, "activity_lines": [ 118.458784, 120.141128, 124.322022, 126.764198 ] }, { "date": "2024-09-27", "close": 119.763535, "volume": 15018, "typical_volume": 9863.0, "trend": 128.531652, "fair_value": 123.996374, "relative_strength": -15.320065, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.207282, "energy": 49.73257, "activity_lines": [ 118.690549, 119.627119, 123.571828, 126.180895 ] }, { "date": "2024-10-04", "close": 126.440552, "volume": 14557, "typical_volume": 9987.8, "trend": 128.66086, "fair_value": 124.321555, "relative_strength": -8.422549, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.588452, "energy": 28.671243, "activity_lines": [ 121.255899, 120.591545, 123.545501, 126.045986 ] }, { "date": "2024-10-11", "close": 127.268303, "volume": 7678, "typical_volume": 9844.4, "trend": 128.640942, "fair_value": 124.646852, "relative_strength": -8.434062, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.552876, "energy": 19.091818, "activity_lines": [ 123.785693, 121.803254, 123.64092, 125.956143 ] }, { "date": "2024-10-18", "close": 126.661278, "volume": 13424, "typical_volume": 10201.65, "trend": 128.56844, "fair_value": 124.960212, "relative_strength": -9.469268, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -18.117491, "energy": 21.005175, "activity_lines": [ 125.361443, 122.823794, 123.70322, 125.828423 ] }, { "date": "2024-10-25", "close": 129.126068, "volume": 7305, "typical_volume": 10063.85, "trend": 128.517596, "fair_value": 125.273332, "relative_strength": -6.373625, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 5.700562, "energy": 22.451496, "activity_lines": [ 127.115, 124.180099, 124.030442, 125.864399 ] }, { "date": "2024-11-01", "close": 130.100983, "volume": 8085, "typical_volume": 10171.7, "trend": 128.397412, "fair_value": 125.591663, "relative_strength": -4.348524, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.205816, "energy": 33.529234, "activity_lines": [ 128.531345, 125.569352, 124.462987, 125.966553 ] }, { "date": "2024-11-08", "close": 134.405167, "volume": 20848, "typical_volume": 10671.15, "trend": 128.324254, "fair_value": 125.935977, "relative_strength": -0.799477, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 40.927533, "energy": 52.148578, "activity_lines": [ 130.693255, 127.58266, 125.304286, 126.35415 ] }, { "date": "2024-11-15", "close": 141.082199, "volume": 17153, "typical_volume": 11218.4, "trend": 128.552138, "fair_value": 126.323187, "relative_strength": 4.157641, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 52.103066, "energy": 70.196718, "activity_lines": [ 134.549868, 130.580216, 126.777047, 127.177243 ] }, { "date": "2024-11-22", "close": 144.772644, "volume": 19929, "typical_volume": 11793.3, "trend": 128.807191, "fair_value": 126.725797, "relative_strength": 6.226019, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 61.813506, "energy": 80.134723, "activity_lines": [ 138.715703, 133.792591, 128.565296, 128.223727 ] }, { "date": "2024-11-29", "close": 142.225586, "volume": 13004, "typical_volume": 12063.2, "trend": 129.155256, "fair_value": 127.103297, "relative_strength": 2.753796, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.451373, "energy": 77.58142, "activity_lines": [ 140.825095, 136.036988, 130.039331, 129.08943 ] }, { "date": "2024-12-06", "close": 137.391769, "volume": 12072, "typical_volume": 12335.55, "trend": 129.127139, "fair_value": 127.438558, "relative_strength": -4.339039, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 66.867698, "energy": 81.64285, "activity_lines": [ 140.449912, 136.98374, 130.992108, 129.620818 ] }, { "date": "2024-12-13", "close": 136.741074, "volume": 18081, "typical_volume": 12868.1, "trend": 129.17011, "fair_value": 127.777115, "relative_strength": -4.753476, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.7003, "energy": 64.327191, "activity_lines": [ 139.371779, 137.491671, 131.868227, 130.11204 ] }, { "date": "2024-12-20", "close": 126.813164, "volume": 8827, "typical_volume": 12675.7, "trend": 128.982081, "fair_value": 128.044669, "relative_strength": -9.115291, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 30.271145, "energy": 23.118414, "activity_lines": [ 134.828616, 136.007245, 131.775127, 129.959979 ] }, { "date": "2024-12-27", "close": 128.914001, "volume": 4091, "typical_volume": 11853.1, "trend": 128.845911, "fair_value": 128.323376, "relative_strength": -7.878377, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.432303, "energy": 25.462903, "activity_lines": [ 131.937, 134.913064, 131.863113, 129.955587 ] }, { "date": "2025-01-03", "close": 133.524734, "volume": 4530, "typical_volume": 11430.4, "trend": 128.905222, "fair_value": 128.600716, "relative_strength": -4.03564, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.721646, "energy": 27.402413, "activity_lines": [ 131.639539, 134.61624, 132.350056, 130.257446 ] }, { "date": "2025-01-10", "close": 137.68924, "volume": 9486, "typical_volume": 11411.6, "trend": 129.166337, "fair_value": 128.893919, "relative_strength": -2.478289, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.517151, "energy": 27.795328, "activity_lines": [ 133.310303, 134.996623, 133.174878, 130.824157 ] }, { "date": "2025-01-17", "close": 145.256027, "volume": 14675, "typical_volume": 11766.7, "trend": 129.559155, "fair_value": 129.231314, "relative_strength": -0.502523, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 73.046771, "energy": 43.131902, "activity_lines": [ 137.483498, 136.614818, 134.642694, 131.862202 ] }, { "date": "2025-01-24", "close": 138.470093, "volume": 24640, "typical_volume": 12643.7, "trend": 129.723958, "fair_value": 129.508276, "relative_strength": -7.168133, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.924623, "energy": 45.484819, "activity_lines": [ 138.827051, 136.801918, 135.352384, 132.437101 ] }, { "date": "2025-01-31", "close": 134.49147, "volume": 18273, "typical_volume": 12854.25, "trend": 129.88272, "fair_value": 129.74564, "relative_strength": -10.930286, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.178015, "energy": 38.544218, "activity_lines": [ 138.067268, 136.313124, 135.576123, 132.744682 ] }, { "date": "2025-02-07", "close": 137.42894, "volume": 16914, "typical_volume": 13429.5, "trend": 130.149088, "fair_value": 129.991106, "relative_strength": -8.945353, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.06129, "energy": 36.393713, "activity_lines": [ 137.91481, 136.545347, 135.99635, 133.231535 ] }, { "date": "2025-02-14", "close": 140.296844, "volume": 18002, "typical_volume": 13578.7, "trend": 130.348741, "fair_value": 130.264078, "relative_strength": -9.717056, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.945723, "energy": 32.860335, "activity_lines": [ 138.45804, 137.386218, 136.602874, 133.886229 ] }, { "date": "2025-02-21", "close": 142.346771, "volume": 12440, "typical_volume": 13472.85, "trend": 130.701514, "fair_value": 130.518899, "relative_strength": -7.221779, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.009477, "energy": 36.250572, "activity_lines": [ 139.510739, 138.546984, 137.306852, 134.660295 ] }, { "date": "2025-02-28", "close": 141.688538, "volume": 10412, "typical_volume": 13609.55, "trend": 131.330323, "fair_value": 130.65785, "relative_strength": -8.493127, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.495349, "energy": 41.27477, "activity_lines": [ 140.537977, 139.48615, 137.872396, 135.369136 ] }, { "date": "2025-03-07", "close": 134.673721, "volume": 15532, "typical_volume": 13714.95, "trend": 131.803431, "fair_value": 130.688825, "relative_strength": -14.507055, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.014398, "energy": 28.146433, "activity_lines": [ 139.01238, 138.879432, 137.701196, 135.584839 ] }, { "date": "2025-03-14", "close": 135.200287, "volume": 7221, "typical_volume": 13710.75, "trend": 132.270473, "fair_value": 130.787782, "relative_strength": -13.788193, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.003955, "energy": 17.066766, "activity_lines": [ 137.650155, 138.263732, 137.54199, 135.803991 ] }, { "date": "2025-03-21", "close": 142.121094, "volume": 3367, "typical_volume": 13474.85, "trend": 132.961769, "fair_value": 130.878098, "relative_strength": -8.775172, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.869717, "energy": 21.483968, "activity_lines": [ 138.743442, 138.875896, 138.012983, 136.439515 ] }, { "date": "2025-03-28", "close": 143.663223, "volume": 7568, "typical_volume": 12810.85, "trend": 133.691594, "fair_value": 131.004057, "relative_strength": -5.841273, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.384881, "energy": 26.179087, "activity_lines": [ 140.229155, 139.687868, 138.573607, 137.129931 ] }, { "date": "2025-04-04", "close": 125.759392, "volume": 13539, "typical_volume": 12630.15, "trend": 134.017148, "fair_value": 130.980231, "relative_strength": -9.986908, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -7.480292, "energy": 8.32525, "activity_lines": [ 135.659162, 137.273558, 137.385019, 136.618176 ] }, { "date": "2025-04-11", "close": 109.792633, "volume": 35188, "typical_volume": 13393.1, "trend": 133.776755, "fair_value": 130.839685, "relative_strength": -19.875417, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -55.425627, "energy": 59.450069, "activity_lines": [ 126.828858, 132.187304, 134.748752, 135.055304 ] }, { "date": "2025-04-18", "close": 115.302948, "volume": 11016, "typical_volume": 13293.7, "trend": 133.647076, "fair_value": 130.774268, "relative_strength": -18.658875, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.995547, "energy": 70.161066, "activity_lines": [ 121.494066, 128.551996, 132.803849, 133.863446 ] }, { "date": "2025-04-25", "close": 114.287392, "volume": 11877, "typical_volume": 13283.95, "trend": 133.464538, "fair_value": 130.700426, "relative_strength": -22.595626, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -71.06273, "energy": 84.695663, "activity_lines": [ 117.147244, 125.134331, 130.89043, 132.614434 ] }, { "date": "2025-05-02", "close": 113.779617, "volume": 14173, "typical_volume": 13088.55, "trend": 133.042507, "fair_value": 130.583309, "relative_strength": -25.239249, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.191367, "energy": 85.746166, "activity_lines": [ 114.486744, 122.097244, 129.038671, 131.344439 ] }, { "date": "2025-05-09", "close": 115.697891, "volume": 15316, "typical_volume": 13413.0, "trend": 132.656826, "fair_value": 130.465716, "relative_strength": -24.778367, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.536645, "energy": 81.84443, "activity_lines": [ 114.457909, 119.928336, 127.478946, 130.225432 ] }, { "date": "2025-05-16", "close": 118.800964, "volume": 13148, "typical_volume": 13865.85, "trend": 132.394816, "fair_value": 130.378114, "relative_strength": -23.125515, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.312514, "energy": 63.55735, "activity_lines": [ 116.134198, 118.79618, 126.267681, 129.331505 ] }, { "date": "2025-05-23", "close": 113.891846, "volume": 20408, "typical_volume": 14659.75, "trend": 131.887008, "fair_value": 130.218143, "relative_strength": -25.372109, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.538084, "energy": 52.281876, "activity_lines": [ 115.573559, 117.060053, 124.637039, 128.137765 ] }, { "date": "2025-05-30", "close": 114.482834, "volume": 8935, "typical_volume": 14632.2, "trend": 131.366403, "fair_value": 130.062067, "relative_strength": -25.598942, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.545446, "energy": 47.22317, "activity_lines": [ 115.30399, 115.818805, 123.156171, 127.014915 ] }, { "date": "2025-06-06", "close": 117.113754, "volume": 12284, "typical_volume": 14512.65, "trend": 130.790023, "fair_value": 129.919314, "relative_strength": -24.332867, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.11739, "energy": 41.279082, "activity_lines": [ 115.898364, 115.558419, 122.036374, 126.095389 ] }, { "date": "2025-06-13", "close": 119.687469, "volume": 22620, "typical_volume": 14411.65, "trend": 130.076865, "fair_value": 129.934547, "relative_strength": -19.562103, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.900435, "energy": 36.802683, "activity_lines": [ 117.128368, 116.2487, 121.295703, 125.379095 ] }, { "date": "2025-06-20", "close": 123.061905, "volume": 22947, "typical_volume": 14645.35, "trend": 129.353174, "fair_value": 129.978711, "relative_strength": -16.178005, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.087213, "energy": 25.272788, "activity_lines": [ 119.217212, 117.662912, 120.965848, 124.926517 ] }, { "date": "2025-06-27", "close": 116.141464, "volume": 19039, "typical_volume": 14751.6, "trend": 128.483703, "fair_value": 129.977011, "relative_strength": -22.549044, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.744742, "energy": 23.459721, "activity_lines": [ 118.715179, 117.577604, 120.03133, 124.074149 ] }, { "date": "2025-07-04", "close": 118.581734, "volume": 8125, "typical_volume": 14257.75, "trend": 127.856702, "fair_value": 129.982902, "relative_strength": -19.599994, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.093344, "energy": 20.440319, "activity_lines": [ 118.876596, 117.920735, 119.430588, 123.435312 ] }, { "date": "2025-07-11", "close": 126.398209, "volume": 19435, "typical_volume": 14607.5, "trend": 127.51194, "fair_value": 130.061872, "relative_strength": -15.509761, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.85224, "energy": 16.077234, "activity_lines": [ 121.370243, 119.606964, 119.677677, 123.341216 ] }, { "date": "2025-07-18", "close": 123.481323, "volume": 11944, "typical_volume": 14684.1, "trend": 127.400879, "fair_value": 130.091548, "relative_strength": -16.978523, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -13.347009, "energy": 13.147194, "activity_lines": [ 122.272632, 120.533421, 119.722913, 123.081176 ] }, { "date": "2025-07-25", "close": 125.769081, "volume": 6095, "typical_volume": 14212.25, "trend": 127.296048, "fair_value": 130.043461, "relative_strength": -14.663402, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.921868, "energy": 15.20829, "activity_lines": [ 123.684684, 121.734318, 120.072731, 122.975899 ] }, { "date": "2025-08-01", "close": 124.186707, "volume": 16169, "typical_volume": 14659.65, "trend": 126.98478, "fair_value": 130.0286, "relative_strength": -12.432481, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.269096, "energy": 19.223851, "activity_lines": [ 124.388799, 122.520817, 120.314251, 122.775296 ] }, { "date": "2025-08-08", "close": 126.684174, "volume": 9797, "typical_volume": 14981.15, "trend": 126.617945, "fair_value": 130.016759, "relative_strength": -12.965739, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.757135, "energy": 24.050068, "activity_lines": [ 125.389053, 123.574222, 120.84607, 122.755902 ] }, { "date": "2025-08-15", "close": 127.656464, "volume": 6679, "typical_volume": 14936.7, "trend": 126.031293, "fair_value": 129.978699, "relative_strength": -12.621836, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.99159, "energy": 37.799348, "activity_lines": [ 126.173241, 124.582564, 121.543997, 122.822903 ] }, { "date": "2025-08-22", "close": 130.04039, "volume": 12598, "typical_volume": 14889.65, "trend": 125.750303, "fair_value": 129.927209, "relative_strength": -10.666868, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.761984, "energy": 44.120932, "activity_lines": [ 127.668188, 125.832662, 122.545188, 123.081555 ] }, { "date": "2025-08-29", "close": 132.415634, "volume": 6634, "typical_volume": 13461.95, "trend": 125.681108, "fair_value": 129.919766, "relative_strength": -7.01167, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.236981, "energy": 55.228494, "activity_lines": [ 129.517612, 127.326387, 123.752206, 123.511576 ] }, { "date": "2025-09-05", "close": 127.10511, "volume": 10817, "typical_volume": 13452.0, "trend": 125.33698, "fair_value": 129.881314, "relative_strength": -9.30791, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.500437, "energy": 40.563358, "activity_lines": [ 129.153757, 127.684495, 124.345732, 123.603447 ] }, { "date": "2025-09-12", "close": 130.291443, "volume": 7518, "typical_volume": 13234.05, "trend": 125.003467, "fair_value": 129.862312, "relative_strength": -7.203175, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.757554, "energy": 43.099472, "activity_lines": [ 129.657453, 128.422596, 125.186517, 123.92309 ] }, { "date": "2025-09-19", "close": 128.186539, "volume": 5358, "typical_volume": 12793.3, "trend": 124.531459, "fair_value": 129.867305, "relative_strength": -8.194005, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.968181, "energy": 31.132714, "activity_lines": [ 129.21903, 128.565085, 125.750625, 124.12845 ] }, { "date": "2025-09-26", "close": 132.357712, "volume": 5797, "typical_volume": 12317.35, "trend": 124.220432, "fair_value": 129.911822, "relative_strength": -5.429273, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.103815, "energy": 43.673101, "activity_lines": [ 130.13566, 129.433453, 126.643384, 124.633369 ] }, { "date": "2025-10-03", "close": 126.21682, "volume": 10442, "typical_volume": 12182.05, "trend": 123.938535, "fair_value": 129.815127, "relative_strength": -11.768926, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.320034, "energy": 29.089432, "activity_lines": [ 128.850837, 129.023907, 126.871963, 124.762168 ] }, { "date": "2025-10-10", "close": 124.401566, "volume": 9063, "typical_volume": 11614.8, "trend": 123.578578, "fair_value": 129.71384, "relative_strength": -12.131281, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 33.219113, "energy": 18.093016, "activity_lines": [ 127.374184, 128.276173, 126.892348, 124.792041 ] }, { "date": "2025-10-17", "close": 127.317528, "volume": 9547, "typical_volume": 11645.4, "trend": 123.085126, "fair_value": 129.58303, "relative_strength": -8.189874, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.415491, "energy": 18.015656, "activity_lines": [ 127.049755, 128.054708, 127.140396, 125.033264 ] }, { "date": "2025-10-24", "close": 130.04039, "volume": 10648, "typical_volume": 11563.6, "trend": 122.631031, "fair_value": 129.446921, "relative_strength": -7.419831, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.495447, "energy": 22.577179, "activity_lines": [ 127.831207, 128.316794, 127.586648, 125.481991 ] }, { "date": "2025-10-31", "close": 131.739761, "volume": 16172, "typical_volume": 11241.2, "trend": 122.830377, "fair_value": 129.299495, "relative_strength": -4.709805, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.65549, "energy": 31.229963, "activity_lines": [ 129.055527, 128.844511, 128.133188, 126.069651 ] }, { "date": "2025-11-07", "close": 129.210007, "volume": 12606, "typical_volume": 10724.15, "trend": 123.477623, "fair_value": 129.154813, "relative_strength": -4.518444, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.980657, "energy": 31.533508, "activity_lines": [ 129.477791, 128.881376, 128.381408, 126.48124 ] }, { "date": "2025-11-14", "close": 130.349365, "volume": 10482, "typical_volume": 10296.3, "trend": 123.97917, "fair_value": 129.029328, "relative_strength": -4.309313, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.618966, "energy": 35.07225, "activity_lines": [ 130.080296, 129.183681, 128.708862, 126.924578 ] }, { "date": "2025-11-21", "close": 127.625534, "volume": 6932, "typical_volume": 10236.65, "trend": 124.423775, "fair_value": 128.884198, "relative_strength": -2.479084, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.926033, "energy": 28.199278, "activity_lines": [ 129.378338, 128.931758, 128.709246, 127.159827 ] }, { "date": "2025-11-28", "close": 127.566856, "volume": 6773, "typical_volume": 9603.55, "trend": 124.883349, "fair_value": 128.752889, "relative_strength": -4.959014, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.402045, "energy": 16.479253, "activity_lines": [ 128.636286, 128.717637, 128.660976, 127.362607 ] }, { "date": "2025-12-05", "close": 127.371269, "volume": 4990, "typical_volume": 9255.85, "trend": 125.272462, "fair_value": 128.683669, "relative_strength": -5.395494, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.733763, "energy": 9.683106, "activity_lines": [ 127.993941, 128.479221, 128.588514, 127.523118 ] }, { "date": "2025-12-12", "close": 125.043694, "volume": 10416, "typical_volume": 9471.9, "trend": 125.480553, "fair_value": 128.618313, "relative_strength": -7.244946, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 1.199182, "energy": 10.658126, "activity_lines": [ 126.86697, 127.908273, 128.275855, 127.508358 ] }, { "date": "2025-12-19", "close": 123.518051, "volume": 5756, "typical_volume": 8951.25, "trend": 125.801426, "fair_value": 128.502551, "relative_strength": -8.352563, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.387322, "energy": 26.520639, "activity_lines": [ 125.509206, 127.081265, 127.821351, 127.381745 ] }, { "date": "2025-12-26", "close": 125.121933, "volume": 3016, "typical_volume": 8612.2, "trend": 126.156063, "fair_value": 128.397616, "relative_strength": -6.936997, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.540937, "energy": 34.536307, "activity_lines": [ 125.14149, 126.561935, 127.522781, 127.337907 ] }, { "date": "2026-01-02", "close": 128.583954, "volume": 5986, "typical_volume": 8577.55, "trend": 126.538403, "fair_value": 128.302314, "relative_strength": -4.65143, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.985043, "energy": 20.939466, "activity_lines": [ 126.094687, 126.711984, 127.561367, 127.494545 ] }, { "date": "2026-01-09", "close": 135.762283, "volume": 132543, "typical_volume": 14574.8, "trend": 127.07423, "fair_value": 128.275961, "relative_strength": -1.712713, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 53.510751, "energy": 26.641394, "activity_lines": [ 129.372855, 128.193664, 128.279186, 128.089634 ] }, { "date": "2026-01-16", "close": 140.847748, "volume": 30834, "typical_volume": 15784.8, "trend": 127.667091, "fair_value": 128.272379, "relative_strength": 2.322988, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 78.964112, "energy": 70.246998, "activity_lines": [ 133.786777, 130.526837, 129.454089, 128.978248 ] }, { "date": "2026-01-23", "close": 139.028717, "volume": 17841, "typical_volume": 16136.0, "trend": 128.43, "fair_value": 128.258228, "relative_strength": 2.932768, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.195494, "energy": 79.889208, "activity_lines": [ 136.540751, 132.317682, 130.415597, 129.711257 ] }, { "date": "2026-01-30", "close": 143.859909, "volume": 23224, "typical_volume": 16921.3, "trend": 129.272606, "fair_value": 128.324191, "relative_strength": 8.205545, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.222191, "energy": 89.574825, "activity_lines": [ 139.871078, 134.82912, 131.78044, 130.706735 ] }, { "date": "2026-02-06", "close": 149.610382, "volume": 38772, "typical_volume": 18592.0, "trend": 130.046345, "fair_value": 128.405174, "relative_strength": 11.800989, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.41872, "energy": 95.66763, "activity_lines": [ 143.869032, 138.090927, 133.628335, 132.018849 ] }, { "date": "2026-02-13", "close": 151.253387, "volume": 17875, "typical_volume": 19195.9, "trend": 130.97208, "fair_value": 128.533497, "relative_strength": 12.21545, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.473146, "energy": 94.289386, "activity_lines": [ 147.012891, 141.250671, 135.530689, 133.387045 ] }, { "date": "2026-02-20", "close": 153.556992, "volume": 26521, "typical_volume": 19999.85, "trend": 131.898344, "fair_value": 128.674932, "relative_strength": 12.488053, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.288243, "energy": 93.592432, "activity_lines": [ 149.891879, 144.395032, 137.562454, 134.844136 ] }, { "date": "2026-02-27", "close": 154.308838, "volume": 9379, "typical_volume": 20015.65, "trend": 132.902415, "fair_value": 128.812367, "relative_strength": 13.005806, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.508011, "energy": 91.043247, "activity_lines": [ 152.174199, 147.157669, 139.535632, 136.289975 ] }, { "date": "2026-03-06", "close": 161.70871, "volume": 60648, "typical_volume": 22570.7, "trend": 134.0699, "fair_value": 129.006608, "relative_strength": 26.473806, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.316661, "energy": 91.316926, "activity_lines": [ 155.904469, 150.705905, 142.071145, 138.148445 ] }, { "date": "2026-03-13", "close": 169.444931, "volume": 42279, "typical_volume": 24152.25, "trend": 135.462848, "fair_value": 129.302371, "relative_strength": 32.703491, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.69825, "energy": 87.922747, "activity_lines": [ 161.023559, 154.995512, 145.179672, 140.430706 ] }, { "date": "2026-03-20", "close": 175.222351, "volume": 25920, "typical_volume": 24639.65, "trend": 136.968914, "fair_value": 129.632854, "relative_strength": 42.953003, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.508065, "energy": 91.758555, "activity_lines": [ 166.746152, 159.592632, 148.65079, 142.995835 ] }, { "date": "2026-03-27", "close": 182.365005, "volume": 42267, "typical_volume": 26122.7, "trend": 138.633893, "fair_value": 129.975053, "relative_strength": 48.382025, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.988674, "energy": 91.138395, "activity_lines": [ 173.251699, 164.770961, 152.595101, 145.924615 ] }, { "date": "2026-04-03", "close": 171.304794, "volume": 35916, "typical_volume": 27394.4, "trend": 140.107216, "fair_value": 130.228603, "relative_strength": 33.558282, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.986469, "energy": 67.668129, "activity_lines": [ 174.149974, 167.183483, 155.232938, 148.032415 ] }, { "date": "2026-04-10", "close": 158.147278, "volume": 49326, "typical_volume": 29514.1, "trend": 141.035743, "fair_value": 130.383476, "relative_strength": 19.485451, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.183908, "energy": 63.1171, "activity_lines": [ 169.529348, 166.616892, 156.422654, 149.19629 ] }, { "date": "2026-04-17", "close": 150.747421, "volume": 35222, "typical_volume": 30936.55, "trend": 141.787773, "fair_value": 130.49764, "relative_strength": 9.500918, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.371672, "energy": 40.634449, "activity_lines": [ 162.679531, 164.445102, 156.762279, 149.82285 ] }, { "date": "2026-04-24", "close": 155.871918, "volume": 55499, "typical_volume": 33462.0, "trend": 142.57158, "fair_value": 130.657333, "relative_strength": 15.387014, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.145831, "energy": 28.013867, "activity_lines": [ 158.78438, 163.184365, 157.479568, 150.731504 ] }, { "date": "2026-05-01", "close": 163.271774, "volume": 19618, "typical_volume": 33922.1, "trend": 143.806745, "fair_value": 130.903491, "relative_strength": 19.317148, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.141401, "energy": 29.549331, "activity_lines": [ 158.645877, 163.185083, 158.765888, 152.067001 ] }, { "date": "2026-05-08", "close": 152.706207, "volume": 33784, "typical_volume": 35323.5, "trend": 144.750233, "fair_value": 131.084677, "relative_strength": 10.872602, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.876358, "energy": 25.832801, "activity_lines": [ 156.2584, 161.088157, 158.863925, 152.641159 ] }, { "date": "2026-05-15", "close": 160.976639, "volume": 17299, "typical_volume": 36037.65, "trend": 145.872203, "fair_value": 131.318684, "relative_strength": 18.079798, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.089619, "energy": 18.83737, "activity_lines": [ 157.86764, 160.524084, 159.610631, 153.688024 ] }, { "date": "2026-05-22", "close": 164.179993, "volume": 40034, "typical_volume": 37740.05, "trend": 147.01019, "fair_value": 131.568768, "relative_strength": 15.199323, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.127857, "energy": 24.456083, "activity_lines": [ 160.356041, 160.55575, 160.491682, 154.869172 ] }, { "date": "2026-05-29", "close": 155.320007, "volume": 23288, "typical_volume": 32277.3, "trend": 147.796198, "fair_value": 131.75537, "relative_strength": 7.532836, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.661235, "energy": 12.504285, "activity_lines": [ 158.995607, 159.072235, 160.359419, 155.405289 ] }, { "date": "2026-06-05", "close": 163.0, "volume": 2316, "typical_volume": 30851.4, "trend": 148.922531, "fair_value": 131.973374, "relative_strength": 13.754348, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.058137, "energy": 22.913334, "activity_lines": [ 160.231966, 159.346943, 160.865453, 156.38618 ] }, { "date": "2026-06-12", "close": 161.300003, "volume": 7121, "typical_volume": 30315.4, "trend": 149.954219, "fair_value": 132.199424, "relative_strength": 12.587978, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.895588, "energy": 21.006931, "activity_lines": [ 160.919777, 159.664652, 161.104094, 157.184726 ] }, { "date": "2026-06-19", "close": 151.0, "volume": 5223, "typical_volume": 29415.35, "trend": 150.733368, "fair_value": 132.396001, "relative_strength": 3.654889, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.113317, "energy": 6.299265, "activity_lines": [ 157.601335, 158.291539, 160.25573, 157.252196 ] }, { "date": "2026-06-26", "close": 149.460007, "volume": 878, "typical_volume": 27520.65, "trend": 151.46314, "fair_value": 132.549497, "relative_strength": 3.487718, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -0.662035, "energy": 11.951351, "activity_lines": [ 154.43467, 156.768377, 159.226699, 157.170044 ] }, { "date": "2026-07-03", "close": 147.679993, "volume": 388, "typical_volume": 26646.3, "trend": 152.140097, "fair_value": 132.707073, "relative_strength": -2.378551, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -26.878058, "energy": 40.346578, "activity_lines": [ 151.656, 154.944984, 158.028859, 156.92597 ] }, { "date": "2026-07-10", "close": 152.279999, "volume": 15560, "typical_volume": 26098.25, "trend": 153.047974, "fair_value": 132.917649, "relative_strength": 3.23008, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.533525, "energy": 42.695475, "activity_lines": [ 150.919999, 154.1069, 157.286131, 156.934996 ] }, { "date": "2026-07-17", "close": 162.779999, "volume": 17799, "typical_volume": 26519.25, "trend": 154.356706, "fair_value": 133.169345, "relative_strength": 10.864043, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 12.748622, "energy": 20.714348, "activity_lines": [ 154.398666, 155.377757, 157.549484, 157.562868 ] }, { "date": "2026-07-24", "close": 171.080002, "volume": 13242, "typical_volume": 24148.95, "trend": 155.888641, "fair_value": 133.462099, "relative_strength": 14.667457, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 44.994648, "energy": 25.839135, "activity_lines": [ 160.545333, 157.974546, 158.562975, 158.641791 ] }, { "date": "2026-07-31", "close": 169.14, "volume": 16421, "typical_volume": 22856.05, "trend": 157.24051, "fair_value": 133.72169, "relative_strength": 10.557374, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 54.902821, "energy": 41.850789, "activity_lines": [ 164.706666, 160.034909, 159.347078, 159.496717 ] }, { "date": "2026-08-07", "close": 161.899994, "volume": 15413, "typical_volume": 22330.7, "trend": 158.111767, "fair_value": 133.92707, "relative_strength": 2.749099, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.640886, "energy": 41.255712, "activity_lines": [ 165.142665, 160.688726, 159.443109, 159.797329 ] } ], "method": { "price_basis": "completed market observations", "trend": "Trend provides the primary directional reference.", "fair_value": "Fair Value provides long-term price context and is not a forecast or target.", "relative_strength": "Relative Strength shows leadership or lagging performance against the market benchmark.", "classification": "The SM framework combines Trend, Activity, Fair Value, Relative Strength and participation into a structural read." } } }